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20121121
20121121
Search Results 0 to 11 of about 12 (some duplicates have been removed)
to avoid an all-out ground war between israel and the moss. as of tonight, no deal has been reached. ambassador michael moran saying israel is looking for a lasting solution, not just a temporary halt to the ongoing violence. telling fox news that clinton is not there to put her imprint on an already agreed to cease fire but they're for diplomacy. eight top hamas official echoing those remarks telling reuters that israel has yet to even respond to proposals and that any deal must wait until tomorrow. clinton landed jerusalem a few hours ago ahead of a meeting with prime minister benjamin netanyahu. >> in the days ahead the united states we will work with our partners here in israel and across the region bolstering security for the people of israel. conditions for the people of gaza. and move toward a comprehensive peace for all people of the region. lou: the secretary of state travels to the west bank for 9:00 a.m. meeting with president mahmoud a boss. the elected political party in the gaza -- a power broker. they still considered a terrorist organization. clinton then departs fro
between israel and hamas. dagen: dan, how does this progress? >> well, it probably ends with a cease-fire, eventually. i dow not that the bus bombing was carried out by hamas. i do not know if you'll get a cease fire over the weekend. what they got was a lot of public support, but not much more than that. connell: you say it may end with a cease fire. say we get that. for the sake of our discussion. then what? how does that affect us and the rest of the process going forward? >> one of the difficulties is the next thing you want is a truce. the israelis are saying are we talking about a truce or a timeout? , want israel to lift the blockade of the gaza strip. they cannot cut off the sure that that will happen. it will be very difficult to get a truce. dagen: how does it impact those tensions now? >> this is an excellent question. what the israelis have achieved is they have not rot international condemnation upon themselves. the interesting reason they did that is because they had this missile defense system set up. it knocked down about 90% of the rockets that hamas had sent him. th
of the cease-fire between israel and hamas, first of all. sandra: it certainly is. not really sustaining the selloff. currently down $0.24, still a little bit of a selloff but nonetheless prices have been coming down into thanksgiving weekend. a lot of drivers hitting the road, 34 million of them writing. obviously the cease-fire has an immediate impact on prices going down, but a lot of you say oil and gas will be going higher the rest of the year. >> we have come off of the 100 level. obviously we have seen high volatility in that market up 3%, down 3%. the last four days of trading up 2%, down 2%, a lot of volatility. all regarding the uncertainty in the middle east as you mentioned definitely prices at the pump are a concern. as long as sales are below 10$100per barrel. it just came off of an extreme. 70s are the lower extreme. sandra: a lot of traders on the floor so they are preparing for higher prices. a lot of these folks are saying if we get a compromise as far as the fiscal cliff, by the end of the year this event means higher oil and gas prices, so there is a lot of indecision
's time a cease-fire will take effect in israel. israel and hamas have agreed to stop the shooting, end days of rocket attacks and bloodshed. it is officially set now to go into effect at 9:00 p.m. local time, 2:00 p.m. eastern time here in the u.s. the deal announced by the egyptian leader, mohamed morsi, and secretary of state hillary clinton. it was later confirmed by israeli president benjamin netanyahu. comes just hours after a bomb blew up on a bus in the heart of tel aviv. dozens were injured. so far no claim of responsibility but hamas called it a blessed event. within the last few hours, israeli air strikes continued in gaza. this is video of secondary explosions when an hamas weapons depot was hit. michelle caruso-cabrera, our chief foreign correspondent is watching reaction at the nyse. michelle? >> that pushed the dow to the highs of the session. the announcement of the cease-fire got us another 25 points. we have come off the highs, 12,839 is where the dow stands right now, higher by more than 50 points, .4%. president obama reportedly just spoke with israel's prime ministe
to broke aerodeal between israel and hamas. strikes on gaza and rocket attacks into israel continue. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> all right, we're into hump day, the day before thanksgiving, of course, as well. on today's show, we'll have updates from athens and brussels as the eurozone ministers fail to ruse a deal for greece. air strikes and rocket fire continue in the gaza strip in tel aviv, as hillary clinton urges both sides to diffuse violence. we'll have the latest live from zree israeli. we'll also take the pulse of the polish country. analysts from warsaw 40 minutes from now. >>> we'll be in providence, rhode island, to preview travel ahead of the thanksgiving holiday with the head of operations at peter pan bus lines. >>> but first, after nearly 12 hours of talks, eurozone finance ministers have failed in their quest to agree conditions that would have allowed the next chance of bailout cash going to greece. what's next? what's gone wrong? we'll be joined by jules in athens in a few minutes. but let's start off with
in israel with a bomb explosion on board a bus today and a rumored cease-fire that never happened. crude is up $1 as the secretary of state has arrived in cairo. a big day full of planes, trains and automobiles with tens of millions of americans set to embark on their holiday weekend journeys. our phil lebeau is in chicago with more on the holiday travel landscape. how painful is it going to be? >> you know, carl f you're traveling, you always need a little more patience thanksgiving weekend. for the airlines, they're keeping their fingers crossed because if you look at a map of the united states, you really don't see any major storm systems. that means if it's a smooth weekend, you talked about this being important to the profitability of fourth quarter, that's certainly good news for the airlines. take a look at the number of people who will be traveling this thanksgiving weekend. just under 44 million people. that's a slight increase from last year. the average amount they're spending, that's down 10%. less than $500. why? in large part it's because fewer people are flying. they're no
.25 points. fractional move there at 1379. meanwhile, cease fire between israel and hamas announced earlier today. we saw an immediate reaction in the market. take a look at this chart. the dow rallying as soon as the news hit the tape. >> we saw oil go down, as a matter of fact. things are coming back here. let's get to it with our next guests in today's close cl"clos" exchange. theoretically, the cease fire is an hour old. markets responded initially, but they've sort of regressed after that. you just saw the dow jones industrial average intraday. we saw a move to the upside. don't call it a super rally, but certainly definitive. the markets had been very nervous about whether the situation could eventually explode into something far bigger in the middle east. there's the intrasession for the dow as well. the news came along with secretary of state hillary clinton announcing that the egyptian foreign minister and the minute that happened, that's when we started to see the appreciation. again, we wanted to know this was not going to become something far wider in the middle east. we knew th
temporarily turned lower on the cease-fire agreement between israel and hamas. crude price turned and settled at $87.38 per barrel. up $0.63 from yesterday. the average u.s. rates on fixed mortgages fell to new record lows from the average rate on a 30-year loan it 3.3%. the lowest on record. the 15 year fixed mortgage dropped 2.63%. lauren: a cease-fire deal, but if the violence persists, how much will oil prices climb? david: founder and chief investment officer and our touchstone for all the commodity information. >> the probability of this really exploding is pretty small. i think the market is telling you that we saw a big selloff. a bit of a cease-fire, now back on, kind of off, we will see what happens. as crude oil gets to the end of the year and profit-taking sets in from people walking in capital gain, you will see crude oil, for little bit. lauren: spencer, seems you think the fiscal cliff is more of having an effect on the price of oil than the violence in the middle east. >> it certainly puts an overhead cap. we get an explosion of something, we will get crude oil popping of the
of interest has been happening. israel and hamas came to some kind of a truce for now, we will see it that way. sell the rumor, but on the news. anyway, lots of news as we move into your turkey day, let's get to our floor show. traders standing by on the new york stock exchange, cme group and the nymex. so good to see you at the new york stock exchange. days like today moving into the holiday, half-day on friday, volume seemed to pull back but there is a lot of great news out today, what are you watching? >> the market up 45 holding its gains. we're all waiting for more tangible news, lots more on the horizon. the cease-fire right now, keeping that in perspective. the fiscal cliff, but we have december to look forward to. black friday, cyber monday, these are things that might move the market up in another direction. we will see what happens after we get back to work. cheryl: so many questions i am sure it is so hard to trade because we don't know what is going on. let's go over to the cme. really it is still about europe. we still have problems with greece, still a lot of rhetoric coming out,
fire was announced after israel and gaza. take a look at how we're settling the day on this market. up 48 points. volume on the light side, as you can see there. very light here as we approach the market closing tomorrow for thanksgiving and a short close on friday. nasdaq, s&p 500 also fractionally better on the session. more on the markets coming up. first, we have more breaking news as the bankruptcy judge green lights hostess brands to begin liquidation. the ceo of hostess brands joins me right now in a first-on cnbc interview. good to have you on the program. thanks for joining us. >> sure, maria. >> well, tell us, what happened first yesterday at final mediation talks? was a deal ever close? >> you know, the judge has a gag order. he'll have my head if i talk about what went on during the mediation, but i think that he wanted to make sure that he did everything in his power to try to find a deal, if there was one to be found. you know, i appreciate the fact that he went through that effort. i was hopeful, but i think realistically that was going to be a tough thing to pull off. >
organization by the united states because it continues to refuse to recognize israel as a state. the united states has a policy of not negotiating with terrorist organizations. that's why she's not speaking with anyone in gaza. her visit comes hours after a meeting with israeli officials that lasted late into the night. >>> let's take a look at the markets this morning. we already showed you the futures. they are down slightly. dow futures down by about 23 points. in europe this morning, you'll see that -- also, by the way, a lot happened yesterday. ben bernanke started talking, when he raised some concerns about the fiscal cliff, that once again put pressure on the markets. that's when things turned down yesterday. you'll see in europe, barely budging at this point. in france, the cac is up by about a point. the ftse is down by less than five points. in germany, the dax is up by less than three points. overnight in asia, you'll see that in japan, the nikkei was up by about .8 of a percent. the shanghai composite up by about 1%. the hang seng was up by 1.4%. oil prices also up slightly, up
Search Results 0 to 11 of about 12 (some duplicates have been removed)

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